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Three Rolex watches on display in a glass case.
The slide in resale prices could lower retail sales of new Swiss watches by 5% through the rest of the year, Morgan Stanley estimates.
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Rob Holmes is a private investigator. He works with major luxury-watch brands to track down fakes and stop them from getting to market.

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Watches of Switzerland, Rolex retail store
Retail store Watches of Switzerland sells Rolex watches, but its market share could be under threat now.